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Hubtown Ltd

NSE: HUBTOWN BSE: 532799

₹212.97

(-2.45%)

Sun, 15 Mar 2026, 05:05 pm

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Company History

1977

  • The Promoters started their activities under the name and style of Vishal Constructions, a partnership firm.

1989

  • Akruti Nirman Private Limited was incorporated on February 16, 1989.

1994

  • The registered office address of the Company was changed to Maratha Mandir Annex, 1st Floor, Maratha Mandir Road, Opposite Bombay Central Station, Mumbai - 400008.

1995

  • The Company joined the SRA scheme with the Government of Maharashtra and received Transferable Development Right Certificate (TDR) bearing certificate No. SRA/001.

1996

  • The registered office address of the Company was changed to 2nd & 4th Floor, Mukhadhyapak Bhavan, Plot no. 6B, Road no. 21, Sion (W), Mumbai - 400022.

1998

  • The Company started construction of one of the first few private software parks, Akruti Softech Park, at MIDC at Andheri (East).

1999

  • The Company was awarded for valuable contribution to Slum Rehabilitation Project presented by Accomodation Times.

2001

  • The Company received ISO 9001:2000 rating from International Quality Systems.
  • Vishal Constructions was dissolved.

2002

  • The Company completed construction of Akruti Arcade, a Commercial Project at Andheri (West), Mumbai.
  • The Company received DA2 certification from CRISIL.
  • Akruti Nirman Private Limited was converted into a public limited company.

2003

  • The Company completed the construction of two landmark projects, Akruti Trade Centre and Akruti Business Port.
  • The Company was presented the Mother India award for excellence in IT Infrastructure Development by Outsourcing 2India.
  • The registered office of the Company was changed to the Akruti Trade Centre, Road No. 7, Marol MIDC, Andheri (East), Mumbai - 400093, Maharashtra.

2004

  • The Company was presented an award for active participation and valuable contribution to construction industry, presented by the Practicing Engineering, Architecture and Town Planning Association of India.

2005

  • The Company received reaffirmed 'DA2' rating from The Credit Rating Information Services of India.

2006

  • One of the few Private players to deliver free houses to Slum Dwellers, currently totaling over 9,300.

2007

  • The name of Akruti Nirman Limited was changed to Akruti City Limited.
  • The Company changed its name from Akruti Nirman Ltd.to Akruti City Ltd.

2008

  • HDIL & Ackruti City eye creamy south mumbai redevelopment pie.
  • Country's first twenty storey parking in Mumbai.
  • Akruti City bags two awards at artists in Concrete Awards 2007.

2009

  • Akruti's Just Perfect homes gets excellent response.
  • Akruti's Just Perfect homes creates a frenzy.
  • Ackruti City to set up Rs. 300 cr Textile Park.

2010

  • Ackruti City BKC Project gets 3 certifications.
  • Slum redevelopment to propel real estate growth.
  • CNBC CRISIL-CREDAI Real Estate Awards 2009.

2011

  • Ackruti Launches Premium residential project in Andheri.
  • Ackruti City Changes Brand Name.
  • Ackruti City launches Hillcrest project.
  • Ackruti rebranded as Hubtown.
  • The Company changed its name from Ackruti City Ltd. to Hubtown Ltd.

2012

  • Hubtown launched 20 - 80 scheme in residential segment.
  • Hubtown launched 20 - 80 payment scheme at 2 residential projects.
  • The Registered Office of the Company was shifted to 'Hubtown Solaris', 2nd floor, N. S. Phadke Marg, Opp. Telli Gully, near Hotel Regency Andheri (East), Mumbai - 400069.

2013

  • The Board recommended a dividend of Rs. 1/- (10%) per share of Rs. 10 each for the year 2013.

2014

  • The Registered Office of the Company was shifted to Ackruti Center Point, 6th Floor Central Road, Marol MIDC Andheri (East), Mumbai 400093.
  • The Board recommended a dividend of Rs. 1/- per equity share of face value of Rs. 10/- per share.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800